Originally written on The Daily Rival  |  Last updated 11/18/14

The Kings’ future in Sacramento looked bright in February, when the city and the team’s owners, the Maloof family, agreeing to a deal for a new downtown stadium that would keep the franchise in the city for the foreseeable future. But now the Maloofs now appear to be having second thoughts with the deal, and the city’s mayor, Kevin Johnson, wrote the family a letter Thursday reminding them of their “handshake” deal.

The Maloofs, who as part of the original tentative deal agreed to front $75 million for the arena’s construction, are complaining about a $3.26 million contribution toward environmental studies and other pre-development hurdles and are contending that they never agreed to the fee. The NBA has already reportedly loaned the Maloofs $200,000 to help cover those costs.

With the Maloofs potentially willing to balk at the whole stadium proposal all together, Johnson sent a letter to the family that was obtained by the media, reminding them of their responsibility to honor their commitment.

First, all parties agreed to a deal in Orlando on February 27th, codified in the term sheet subsequently approved by our City Council. At the time, George Maloof explained the Maloof Family’s reason for agreeing to the deal, saying to the Sacramento Bee that is it a “fair deal…worth taking.”

Any representation that a deal was not reached is simply not consistent with the perspective of every other party to the negotiation nor the actual statements of the family. [...]

The best – and only – way to demonstrate that commitment is to honor the “fair deal” as all other parties have done. Your handshake is your handshake. Your promise is your promise.

Johnson notably stood at center court hand in hand with brothers Joe and Gavin Maloof back in February during the first home game after the tentative deal was announced. Johnson (a former NBA point guard) is now on his way to New York to meet with the league and the Maloofs to hopefully find a resolution for this matter.

According to the Sacramento Bee, a group of 25 business owners sent a letter to Commissioner David Stern calling for new ownership of the Kings. That’s something that Johnson has reportedly also suggested.

I can think of people who’d be willing to buy the Kings, but I don’t think too many of them would be planning to keep them in Sacramento. So, for now, get used to Cheap Plastic Bracelet Arena (or whatever it’s called now), Kings fans, because that might be the only place you’ll ever see them play in Sac Town.

[H/T Eye on Basketball; Photo by Robert Couse-Baker]

Ios_download En_app_rgb_wo_45
1 Comment:
  • What's wrong with those Maloof people? What losers. As the saying goes: A man is only as good as his word. The Maloof's word is NO GOOD! The Maloof's should be embarrassed for their actions. Sh*t! I'm embarrassed for them. No Honor. WOW! I hope the Maloof's get street mobed! Would serve them right.They think their sh*t don't stink? Humm. I can smell them from here.

Hot start helps Rockets stave off elimination against Warriors

Matt Millen leaving ESPN for FOX, Big Ten Network

Royals' Guthrie sets records in blowout loss to Yankees

John Farrell: Pitchers need an approved gripping substance

Cam Newton: Nobody has ever been who I'm trying to be


Bears cut Ray McDonald after domestic violence arrest

Report: Paul Pierce could opt out of contract, join Clippers

Report: NBA exploring moving start of Finals up

Isaiah Thomas: Danny Ainge wants my input on free agents

Brian Matusz suspended eight games for substance on arm

Baseball players in the military: A tribute

Stephen Curry leaves Game 4 after nasty fall, returns later

WATCH: Khris Davis trolls umps after controversial homer

Is Adrian Peterson leveraging himself out of the league?

Mascot creates controversy with 'Police Lives Matter' sign

The Talented Mr. Blatt

The curious case of Frank Kaminsky

Is the Cavs' Matthew Dellavedova a dirty player?

LeBron lifts Cavaliers to brink of Finals, but are they ready?

Will Phil Jackson give himself a chance to succeed with Knicks?

Most valuable non-QB for each NFL team

Federer unhappy with security after fan comes on court

WATCH: LeBron throws down ferocious dunk in traffic

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
Get it now!
Ios_download En_app_rgb_wo_45

WATCH: Curry leaves game after nasty fall

Royals' Guthrie sets records in blowout

Bears cut McDonald after incident

Report: Pierce could opt out of contract

Could the NBA Finals be moved up?

The Talented Mr. Blatt

Is Dellavedova a dirty player?

Ballplayers in the military: A tribute

Most valuable non-QB for each NFL team

WATCH: LeBron's ferocious dunk in traffic

Kelly drops hint about ND offense

John Madden: Last SB play will 'torment' Carroll

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.